5539ORDINANCE N0. 5539.
AN ORDINANCE AUTHORIZING THE TREASURER OF THE
CITY OF LITTLE ROCK TO ACCEPT ALL MONEY REALIZZED
BY THE CITY BY THE SALE OF $159000.00 OF BONDS
FOR THE PURCHASE OF A PARK TO BE UaED A3 .A NEGRO
RECREATION PARK AND TO PAY PART OF THE CONSTRUCTION
AND E�UIPItirIEAIT COST: AUTHORIZING THE BOARD OF
PUBLIC AFFAIR:3 OF THE CITY OF LITTLE ROCK TO MAKE
ALL NECESSARY CONTRACTS FOR THE CONSTRUCTION,
PURCHASE, E- UIPMENT AND COMPLETION OF SAID NEGRO
PARK; AND PROVIDING FOR THE DISBURSEMENT OF aAID
FUNDS, AND FOR Oni-R PURPOSES.
WHEREAS, the City of Little Rock has sold $15,000,00 of bonds
for the purpose of paying part of the construction and equipment cost
of and for the purchase of a Park to be used as a Negro Recreation
Park.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That the City Treasurer of the City of Little Rock
is hereby authorized and directed to receive from :valton- Sullivan &
Company D(. for the purchase of X15,000.00 of the bonds
sold by the City of Little Rock for the purpose of paying part of the
construction and equipment cost of and for the purchase of a Park
to be used as a Negro Recreation Park, which said sum shall be deposited
by the City Treasurer in an account to be known as "Negro Recreation
Park Fund ".
Section 2. That the Board of Public Affairs is hereby directed
and empowered to proceed immediately to make all necessary contracts
and agreements and to do all things necessary for the construction,
purchase and equipment of said Negro Recreation Park, and to pay all
costs of said project, including fees for attorneys. Provided, however,
that said Board of Public Affairs shall have no power to make contracts
or expenditures for the purchase, construction or equipment of said
Negro Recreation Park obligating the City of Little Rock for a sum
greater than l i q M+ -1 Q.
Section 3. That the payments for the purchase, construction
and equipment of said Negro Recreation Park under contracts made by the
Board of Public Affairs shall be made only after said Board of Public
Affairs has approved in writing all requisitions for disbursements;
such approved requisition or requisitions shall be forwarded to the
City Treasurer, who shall, upon obtaining the approval of such requisi-
tion or requisitions, issue a check or checks in the proper amount
against "Negro Recreation Park Fund "a and said check or checks when
signed by the City Treasurer shall be presented to the Ylayor who shall
countersign said check or checks, and the depository holding said
funds shall then honor said check or checks.
Section 4. It is ascertained that the lack of an adequate
Recreational Park for the Negro population of this city endangers
the health and safety of the inhabitants of said City, and this ,
Ordinance being necessary for the immediate preservation of the
public peace, health and safety, an emergency is declared to exist
and this Ordinance shall take effect and be in force from and after
its passage,
Passed: Janusry 17, 1938- APPROVED:
ayor
ATTEST
City Clerk